Afraid Gear

Afraid Gear is a strategy/simulation game by Asmik Ace, the game got a sequel called Afraid Gear Another that was also released for the Playstation One console. The premise of the game is that the player builds a mecha and fight in tournaments against other mecha in order to win money. With his winnings, he may purchase better parts and weapons so that you can destroy more difficult opponents. It sounds a bit like Armored Core, but there are many differences that separate the two.